The casino industry is in a major slump. Casino layoffs and bankruptcy are becoming par for the course in the casino industry. Yet, many casino supporters and their leader Will Flanagan insist that the casino will end Fall River's problems. Will it? A recently opened casino in the similarly situated town of Bethlehem, PA laid off nearly 100 people within their first year. Can Fall River handle that? Because it is a distinct possibility. Casino revenues are down, casinos are going bankrupt, casino workers are losing their jobs.
No need to read the following articles, these recent headlines pretty much say it all:
Connecticut slots revenue down at Foxwoods, Mohegan Sun 7/15/2010
Twin Rivers files for Chapter 11 bankruptcy 6/23/09
Casino layoffs destined to affect Norwich 10/30/2008
Atlantic City Casino Revenue Declines For 22nd Consecutive Month In June 7/12/2010
Analysts: Weakness in Gaming Industry Continues 7/28/2010
Layoffs at casino in Bethlehem: Less than a year after a grand opening that rivaled the glitz and glamour of a Las Vegas revue, Sands Casino Resort in Bethlehem is laying off 80 employees. 5/1/2010
200 plus layoffs for President Casino gambling boat 4/22/2010
Slipping into Bankruptcy? Foxwoods Struggles With Debt as Gaming Revenue Slumps 9/3/09
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This guy Flanagan sang the syren song to everyone who simply hated Correia and the majority of these people had NO CLUE what he was really all about. Well it's easy to see he is really all about HIM, and nothing else. He doesn;t care about you or I, he cares about those people who can help him reach higher office.
It's a disgrace what he's done to Fall River... All he's done is lied, broken promises, acted like a child getting even, and NOW, is willing to throw in with the likes of that crook from RI, Baccari.
He's fired people without having a single notion of how to fill those jobs with qualified people, only disposable people he'll be able to cast blame on....Shameful, disgraceful stuff that is going to fall back on us all.
And the gaming crap...typical and oh so historically correwct, trying to buck the trend and doing precisely the thing, enter the worst possible venture, which is haeded for failure. God help Fall River...because this phony and his "don't be negative" moronic cretins cannot.
Just to know how bad it is getting, the last post was by Steve Torres!
:-)
it may be worse than that !!!
7/30/2010 ASSAD, BRUCE
486 NICHOLS ST FALL RIVER, MA 027207310LAWYER
BRUCE A ASSADPatrick, Deval L.$250.00
The casino/biopark in Freetown transaction is going to be interesting.
Joan Menard and Jim Karam held a "private fundraiser at the Venus the week (ending) 7/31/10 for $250 a ticket to buy support for their pet projects and of course Joans retirement.
hmm look at the coincidence of who just happened to send a check for $250/$500 that week besides Baccari who the city will buy the land from:
Same names always involved in city
"development" transactions:
It's also nice to see that the 8% paycut didn't affect the city of Fall River staff:
7/30/2010 CHRIST, NICHOLAS
201 ATLANTIC AVE WESTPORT, MA 02790 BANKER
CITIZENS UNION BANK Patrick, Deval L. $250.00
7/30/2010 CADIME, SHAWN
36 PALMER ST 2 FALL RIVER, MA 027243236 ADMINISTRATOR
CITY OF FALL RIVER Patrick, Deval L. $250.00
7/30/2010 COMMITTEE TO RE-ELECT CAROLE FIOLA
307 ARCHER ST FALL RIVER, MA 02720
Patrick, Deval L. $100.00
( Kenny the LAWYER only paid $400 so this evens out to $500 or = 2 tickets)
7/30/2010 DONOVAN, JEREMIAH
16 BEDFORD ST FALL RIVER, MA 02720 ELEC CONTRACT
G&J PROPERTY MANAGEMENT CORP Patrick, Deval L. $250.00
7/30/2010 HOEY, JOHN
221 SHAG BARK RD TAUNTON, MA 027802065 ADMINISTRATOR
UNIV OF MASS Patrick, Deval L. $250.00
7/30/2010 KARAM, JAMES
119 MEADOWBROOK LN WESTPORT, MA 027904360 PRINCIPAL
FIRST BRISTOL CORP. Patrick, Deval L. $250.00
7/30/2010 KARAM, JEFFREY
37 DUDLEY ST FALL RIVER, MA 02720 DEVELOPER
FIRST BRISTOL CORP. Patrick, Deval L. $250.00
7/29/2010 KARAM, JAMES
PO BOX 2516 FALL RIVER, MA 02720 PRESIDENT & CEO
FIRST BRISTOL CORP. Patrick, Deval L. $500.00
7/30/2010 LONG, PATRICK
PO BOX 347 WESTPORT POINT, MA 02791 INSURANCE BROKER
CITIZENS UNION INSURANCE Patrick, Deval L. $250.00
7/29/2010 LONG, PERRY
991 AMERICAN LEGION HWY WESTPORT, MA 027901124 NEIGHBORHOOD COORDINATOR CITY OF FALL RIVER Patrick, Deval L. $500.00
7/29/2010 LUND, JOHN
161 HARBOR RD SWANSEA, MA 027771446 LAWYER
BORDEN LIGHT MARINA Patrick, Deval L. $500.00
7/29/2010 LUND, KATHLEEN
161 HARBOR RD SWANSEA, MA 027771446 HOMEMAKER
HOMEMAKER Patrick, Deval L. $500.00
7/29/2010 MACCORMACK, JEAN
6 WILDPEPPER LN DARTMOUTH, MA 027481437 CHANCELLOR
UMASS DARTMOUTH Patrick, Deval L. $500.00
7/30/2010 MARSHALL, JOANNE
323 KENYON ST FALL RIVER, MA 027207432 RETIRED
RETIRED Patrick, Deval L. $250.00
7/29/2010 MARSHALL, LIANNE
244 BEACON ST 4A BOSTON, MA 02116 EXECUTIVE
MARSHALL PROPERTIES Patrick, Deval L. $500.00
8/2/2010 MARSHALL, JOSEPH
323 KENYON ST FALL RIVER, MA 027207432 INSURANCE SALES
J MARSHALL ASSOCIATES Patrick, Deval L. $250.00
7/30/2010 MATEUS, RICHARD
109 ANGUS ST SOMERSET, MA 02725 EXECUTIVE
PRIMA CARE Patrick, Deval L. $250.00
7/29/2010 ONEIL-SOUZA, ANN
PO BOX 30 FALL RIVER, MA 02722 CHIEF OF STAFF
CITGY OF FALL RIVER Patrick, Deval L. $250.00
/29/2010 REZENDES, SR, KENNETH
PO BOX 879 ASSONET, MA 02702 CHAIRMAN
K R REZENDES, INC Patrick, Deval L. $500.00
7/29/2010 RHEAUME, RICHARD
557 ELM ST DARTMOUTH, MA 027482142 CIVIL ENGINEER
PRIME ENGINEERING Patrick, Deval L. $250.00
7/30/2010 AMARAL, ALAN
4234 NORTH MAIN ST 102 FALL RIVER, MA 02720 ATTORNEY
YOMEGA CORP Patrick, Deval L. $250.00
Christmas Party for Deval Patrick??
12/15/2009 BACCARI, RICHARD $500.00 VICE PRESIDENT
785 ACADEMY AVE CHECK CHURCHILL & BANKS
PROVIDENCE, RI 02908-1230
12/15/2009 BACCARI, RICHARD $500.00 C E O
440 OCEAN RD CHECK CHURCHILL & BANKS
NARRAGANSETT, RI 02882
12/15/2009 FRIENDS OF PAT HADDAD $100.00
PO BOX 495 CHECK
SOMERSET, MA 02726
12/15/2009 HADDAD, PATRICIA $150.00
2662 RIVERSIDE AVE CHECK
SOMERSET, MA 02726
12/15/2009 HOEY, JOHN $250.00 ADMINISTRATOR
221 SHAG BARK RD CHECK UNIV OF MASS
TAUNTON, MA 027802065
12/15/2009 KARAM, JAMES $500.00 PRINCIPAL
119 MEADOWBROOK LN CHECK FIRST BRISTOL CORP.
WESTPORT, MA 027904360
12/15/2009 KARAM, JEFFREY $500.00 DEVELOPER
37 DUDLEY ST CHECK FIRST BRISTOL CORP.
FALL RIVER, MA 02720
12/15/2009 KARAM, STEPHEN $500.00 V P
645 MADISON ST CHECK KARAM FINANCIAL
FALL RIVER, MA 027205711
12/15/2009 MACCORMACK, JEAN $500.00 CHANCELLOR
6 WILDPEPPER LN CHECK UMASS DARTMOUTH
DARTMOUTH, MA 027481437
12/15/2009 MARSHALL, LIANNE $500.00 EXECUTIVE
244 BEACON ST 4A CHECK MARSHALL PROPERTIES
BOSTON, MA 02116
12/15/2009 REZENDES, KENNETH $500.00 CHAIRMAN
PO BOX 879 CHECK K R REZENDES, INC
ASSONET, MA 02702
12/15/2009 RHEAUME, RICHARD $250.00 CIVIL ENGINEER
557 ELM ST CHECK PRIME ENGINEERING
DARTMOUTH, MA 027482142
Actually, I recommend reading the articles. That way, your blog followers will get the whole story. Like how the casino in Bethlehem, PA will still employ 780 workers. Like how they're about to break ground for a new hotel and that will employ 350 construction workers. Like how the addition of table games in the near future will lead to 400 new hires. I think Fall Riverites would like those jobs here. So, "Sham", people should read the whole story and not trust your headline ruse.
Yeah maybe you should read the wall st journal today too....
MGM Resorts International's second-quarter loss widened sharply as the casino company posted a $1.12 billion write-down on its $8.5 billion City Center resort in Las Vegas, though more signs of stabilizing demand appeared.
Yes, read the articles everyone - because the articles are totally different than their headlines indicate...because newspapers are always doing that to trick people.
The article anon above mentions discusses the layoffs, the downturn in the economy, the difficulties of opening a casino in a down economy, etc. etc. How long before 80 more people lose their jobs? The casino economy is not getting any better.
p.s. Ingenious pun using the first syllable of shamrock...really quite brilliant.
read the article
Boston.com
DeLeo: Deal on gambling 'doubtful' this year.
They can lay off a hundred here or there but if they still employee hundreds or thousands that is a deal most people in Fall River are going to take any day of the week.
I understand the whole casino issue has generated a lot of negativity for Will Flanagan on these blogs but who do you think is going to run against him? That actually stands a chance of winning that is? Who you gonna put up against him? Joe Camara? Linda Pereira? Brad Kilby? LOL. I don't care for everything Flanagan has done but be careful what you wish for because things could always get worse. Does anyone see things getting better with Joe Camara for Mayor? I see a lot more doom and gloom under that scenario moreso then anything Flanagan could inflict.
As little substance as Flanagan offered in his campaign and is offering now it isn't like there is some magic politician waiting in the wings that has some level of intelligence and brilliance not possessed by Flanagan or any other current elected official. Let's face it, who have we elected to lead us that is intelligent in any sense of the word in the mayor's office, council or school committee? I don't see anyone better out there and that makes me feel depressed about our city that only dumb people run for office and the dumbest of the dumb end up finishing the highest on the ballot like Flanagan or Leo Pelletier and I could go on.......
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